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Report No. 17

Sections 5 and 6.- For sections 5 and 6 of the principal Act, the following sections shall be substituted, namely:-

"5. Creation of trust.-Subject to the provisions of section 6, a trust is created when the author of the trust indicates with reasonable certainty by any words or acts-

(a) an intention on his part to create thereby a trust;

(b) the purpose of the trust;

(c) the beneficiary; and

(d) the trust-property.

Trusts Act, 1882 Back

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